Could Europe’s MiCA Stablecoin Wind-Down Build a Stronger, Safer Digital Euro Future?

Europe’s latest MiCA intervention looks restrictive on the surface, but it may be exactly the cleanup a credible stablecoin market needs. In its latest opinion, ESMA told national supervisors that MiCA-authorised crypto platforms should stop providing services involving non-compliant asset-referenced and e-money tokens, with remaining pre-existing exposures remediated within three months. The instruction reaches trading, ... Read more

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